Saffron Thread Bubble?

As of this post it appears as though Saffron Thread is entering a bubble. Over the last 24 hours buy orders have doubled. Prices are a couple large purchases away from exploding. I am currently trying to buy as much as cheaply as possible, but I may be too late. The price is already starting to climb and has seen increases of 30-50% in the last hour.

gw2spidy Saffron Thread prices, Dec 1 through Dec 3

This is this blogs first prediction of a price bubble. I will know in a couple days whether or not I was right. I will try to post updates here as things progress.